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"Businesses often qualify for government incentives to expand or relocate, but knowing where – and how – to look may require specialized help."

 

- Rick Jurgens, American City Business Journals

How to Win Government Incentives For Your Business

Incentive Negotiation increasing ROI

Incentive Negotiation

Global Growth Advisors secures incentive packages customized for each project, while building strong business relationships for our clients with the state and community.  GGA's public and private economic development experience ensures your company will receive a maximized incentive package whether you are relocating, expanding or performing routine capital upgrades, providing a significant boost to each project's ROI.  

Incentives for relocating and incentives for expansion

Activities that typically qualify for incentives:

  • Relocation or expansion into new geographical markets

  • Expansion of existing facilities

  • Capital Investment

  • Mergers and acquisitions

  • Consolidations

  • Hiring additional employees

  • Routine equipment upgrades and building renovations

Incentives for capital investment and incentives for hiring employees

Discretionary incentives vary on a case-by-case basis but can include:

  • Property tax reductions

  • Cash grants

  • Infrastructure upgrades

  • Workforce recruitment, training or cost reimbursements

  • Fee waivers

  • Expedited permitting

  • Utility rate reductions

Incentive Negotiation

GGA's customized process includes:

  • Working with each company to define project objectives, criteria, driving factors and timeline for completion

  • Presenting and reviewing the project with government authorities and other relevant parties

  • Conducting negotiations with public and private entities

  • Securing all applicable public approvals

  • Creating a detailed  summary report and incentives analysis with recommendations

  • Developing an incentives compliance plan

Contact GGA's experienced management team to discuss your company's growth plans.